BC provincial funding approval for a total of 232 units will offer rental housing solutions for Indigenous, low-income families, and seniors in Burnaby.

Source: Burnaby Now

Recently, the province approved three affordable housing projects in Burnaby aimed at providing more rental options for local seniors, Indigenous communities, and low-income families.

The British Columbia government announced 17 projects as part of its third intake of the Building BC: Community Housing Fund (CHF), which will collectively create almost 2,000 new rental units.

Among Burnaby’s approved projects are three applications totaling 232 rental units, developed in collaboration with the following nonprofit organizations:

1. The New Vista Society

• Providing 118 residences for individuals, families, and seniors
• Located at 4170 James St.

2. M’akola Housing Society

• Offering 66 homes for both Indigenous and non-Indigenous families and seniors
• Situated at 7000 Lougheed Hwy.

3. Action Line Housing Society

• Delivering 48 residences tailored for seniors
• Located at 3755 McGill St.

“The housing crisis is hitting people with low and moderate incomes especially hard”,

stated Burnaby North MLA Janet Routledge in a press release.

The funding announcement occurred on Tuesday, March 19th.

“These new rental homes will make a difference to people in Burnaby, helping more people to find a decent home in the community they love.”

The CHF, a $3.3 billion investment, has facilitated the construction of 12,500 rental homes throughout British Columbia since 2018.

The objective is to construct over 20,000 residences for individuals with moderate and low incomes by 2031-32.

Through the program, occupants of 70 percent of the units pay rent based on their income.

“The Community Housing Fund is a key part of the action we’re taking to deliver affordable housing faster,” 

added Anne Kang, MLA for Burnaby-Deer Lake.

“These 232 new rental homes mean more people will benefit from affordable housing right here in Burnaby.”

As per the province, the most recent projects were greenlit based on criteria such as “prioritized populations” and the project’s broader impact on the community.

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